The paradox of the American consumer will continue as the University of Michigan Consumer Sentiment is expected to gain yet again. The disconnect between how good does the average consumer feel versus the amount of money they spend measured by retail sales to be reported two days earlier will continue to grow. The UoM survey is expected at 96.5, an improvement over last months 95.9. This is the preliminary version of the survey to be further revised 14 days later. The data will be released on Friday, May 15 at 10:00 am EST.
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